Stocks

Pure Foods Tasmania, which has built up the group through M&A, has promoted Robert Knight to the role of CEO and managing director. Knight, the company’s “largest” shareholder, has been a director since October 2024. He will take on his new responsibilities on 1 …

Westpac Banking Corporation must pay A$26m ($19m) in civil penalties after the Federal Court found it failed to deal with customer hardship applications within statutory timeframes. The order was made by the Justice McEvoy, who found the bank did not respond on time to …

TIFIN.AI has set up TIFIN Australia, extending its overseas presence as it continues to build out its operations beyond existing markets. The move comes after the company’s earlier expansion into Japan and India. The new operation is part of its wider effort to pair …

American Electric Power (AEP) has contracted Worley for engineering, detailed design, and procurement support for Stages 3-4 of the 450MW Northeastern U5/6 Simple Cycle Gas Turbine project in Oklahoma, US. This project is located at the Public Service Company of Oklahoma's Northeastern Generation Facility. …

Minbos Resources Ltd (ASX:MNB, OTC:MNBRF, FRA:OMB) has signed the final security agreement required under its US$16 million loan facility with the Industrial Development Corporation of South Africa, clearing the way for the first drawdown request. The company has submitted a Facility Utilisation Request for …

Sovereign Metals Ltd (ASX:SVM, OTCQX:SVMLF, AIM:SVML, FRA:SVM) has confirmed the presence of monazite-hosted heavy rare earths across multiple planned mining pits at its Kasiya Rutile-Graphite Project in Malawi, potentially opening a third revenue stream from material currently destined for tailings. The company said metallurgical …

International Graphite Ltd (ASX:IG6, FRA:H99, OTC:IGRPF) has signed a binding joint venture and shareholders’ agreement with Alkeemia S.p.A. to develop a major graphite processing hub at Alkeemia’s Porto Marghera chemical production facility near Venice, Italy. The agreement gives IG6 a fast-track route into European …